-
Categories
-
Pharmaceutical Intermediates
-
Active Pharmaceutical Ingredients
-
Food Additives
- Industrial Coatings
- Agrochemicals
- Dyes and Pigments
- Surfactant
- Flavors and Fragrances
- Chemical Reagents
- Catalyst and Auxiliary
- Natural Products
- Inorganic Chemistry
-
Organic Chemistry
-
Biochemical Engineering
- Analytical Chemistry
- Cosmetic Ingredient
-
Pharmaceutical Intermediates
Promotion
ECHEMI Mall
Wholesale
Weekly Price
Exhibition
News
-
Trade Service
Eleventh long holiday outside the aluminum market oscillation stabilized, the performance is slightly stronger than other base metals, of which 3 months Lun aluminum closed up to 1674 US dollars / ton, compared with 1663 US dollars / ton before the holiday slightly up 0.
67%, mainly by the strong upward movement of crude oil futures, the closing price is close to the high point of nearly a month, the current Lun aluminum upward trend is still obvious, the upper rebound resistance focus on 1700 US dollars / ton
.
Industry: According to data from the US Department of Commerce, the United States imported 191,880 tons of unprocessed aluminum in August this year, down 4.
1% from the previous month, and the cumulative import from January to August was 1422332 tons; In August, 6,622 tons of unprocessed aluminum were exported, down 40.
5%
from the previous month.
Market: On September 30, Shanghai aluminum trading concentrated 13430-13450 yuan / ton, the monthly premium was 590-600 yuan / ton, Wuxi transaction concentrated 13470-13490 yuan / ton, Hangzhou transaction concentrated 13480-13500 yuan / ton
.
On the last day before the holiday, due to the low inventory, the performance of the holders was calm, the spot premium remained high, the holiday was longer, the risk was not clear, the middleman did not take the initiative to prepare for the holiday, the downstream enterprises were nearing the end of stocking, and the overall transaction activity declined, showing the characteristics of
the festival.
Stocks: LME aluminum stocks reported 2126825 tonnes as of October 7, a slight increase of 2,425 tonnes from pre-holiday levels, which were close to the low of 2068925 tonnes set on December 18, 2008; As of September 30, the previous period of aluminum inventory reported 83,775 tons, a sharp weekly decrease of 19,302 tons, a two-week decline, far lower than the average inventory value of 229,000 tons during the year, and hit a new low for the year, and hit a new low
since October 12, 2007.
During the holiday, the aluminum oscillation rose slightly, as the strong rise in U.
S.
crude oil partially offset the pressure of the strong US dollar, affected by this, the main force of Shanghai aluminum on the first day after the holiday or opened above 12,300 yuan / ton
.
At present, Shanghai aluminum is still effectively running above the moving average group, and the technical form is stronger than other base metals, and it is recommended that the Shanghai aluminum 1612 contract be cautiously long above 12200 yuan, with a target of 12450 yuan
.
